Principal Supply Chain Term 
CarExpert
JANUARY 12, 2025
In terms of the auto industry, it’s forcing around a dozen ships transporting new vehicles to either remain idle outside ports on Australians eastern seaboard or be rerouted to unaffected ports at different parts of the country, causing knock-on effects due to their delayed return and restocking at departure ports.
Auto Remarketing
JANUARY 8, 2025
Supply chain management: Blockchain can track parts from manufacture to installation, ensuring authenticity and reducing counterfeit parts in circulation. Mid-Term (4-8 Years): Growing adoption as successful use cases emerge, leading to more advanced solutions and broader integration.
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Automotive Addicts
OCTOBER 1, 2024
Chris Hopson, principal analyst at S&P Global Mobility, highlighted that many consumers are finding it difficult to justify the monthly payments required to finance a new car. The research firm also warns of potential disruptions stemming from a recent strike at East Coast ports, which could create supply chain headaches for automakers.
Shawn Ryder
JANUARY 18, 2025
In the automotive world, the term MSRP (Manufacturer’s Suggested Retail Price) has become increasingly significant, especially in light of recent trends in car pricing. However, the actual transaction price can vary significantly due to various factors such as supply and demand, dealer markups, or promotional offers.
Automotive Mastermind
FEBRUARY 11, 2022
This technology allows dealers to identify and engage service customers who are approaching the end of their lease or finance term, or the end of their warranty. As previously mentioned, by maintaining long term customer relationships, the dealership service drive is well-positioned to support future dealership sales.
Automotive Mastermind
NOVEMBER 18, 2022
Loyalty customers are: An invaluable supply of highly profitable sales Less likely to negotiate More likely to generate service and other fixed ops revenues. Due to this, the immediate and long-term opportunities lost by a loyal customer defecting are significant.
Auto Remarketing
NOVEMBER 14, 2024
Understanding the reduction in dealership sales As of 2023, the automotive industry has been navigating challenges such as supply chain disruptions, changing consumer preferences, and rising interest rates. What dealer principals should be focused on — is what they can control.
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